Think about it this way, the Elite is $299. I don't think we'll see another Microsoft console until the Elite is at $199 or below.
Microsoft will launch Natal next year, I think the Elite will stay at between $249 and $299 next year and Natal will be bundled with no price increase, basically counting as a price cut.
That means that the Elite console won't hit $199 until 2011. Will there really be a need for another console if the XBOX 360 and PS3 are only hitting $199 and Wii may very well be at $99 - $149? for Nintendo a new console would begin to make sense but not for Microsoft or Sony.
2012 - 2013 you will see a console from each of Microsoft, Nintendo and Sony.







